Crypto news

The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will face up to five years in prison and be required to pay a hefty fee. This new law is set to take effect tomorrow on January 2, 2022. The UAE Works to Handle Crypto Scams 2021 was arguably the year for crypto. Bitcoin, for example, rose to a whopping $68,000 per unit – the...

The hip hop megastar Marshall Mathers, better known for his stage name – Eminem, has become the latest super celebrity to purchase a Bored Ape NFT. Bored Ape #9055. Source: TwitterAs CryptoPotato reported earlier, NFTs from the Bored Ape Yacht Club (BAYC) collection have seen their floor price increase by 35% while that of other popular collections decreased in turn. Part of the reason for this might be the fact that many super celebrities such as Steph Curry have jumped on...

Options Market Analysis After bitcoin dipped to $42K on December 4th on Omicron fears, its price could not move higher than $52k over the last month. BTC is now trading at $47k. Short-dated ATM-implied volatility peaked at 94 and is currently sitting at 66. Source: Laevitas.chCalls for a $50K strike price have the highest open interest for 2,3 & January 7th expiries. Lots of calls were sold for these expiries over the last few days. It seems that low demand in the spot...

Narendra Modi – the prime minister of India – has emerged to let crypto traders know that while the nation may have delayed its regulatory decision, it still has every intention of ensuring that crypto presents a safe environment for everyone within the country’s borders. India and Crypto… Where Are Things Headed? Not long ago, discussions emerged saying that bitcoin and crypto were no longer on the verge of being banned in India, and thus the country was instead going...

2021 was indeed an eventful year for the cryptocurrency industry. Many milestones were achieved within the last 12 months. We saw an influx of institutional investors adopting crypto assets, especially Bitcoin, as a hedge against inflation. Non-fungible tokens (NFTs) became a thing for celebrities and retail investors, with billions of dollars traded in exchange for different digital collectibles. While the landmark growth of the industry was championed by different players,...

What does 2022 have in store for bitcoin? While it’s impossible to assume what may or may not happen, there are a few patterns that have occurred in the currency’s short history that could give us some clues as to what we can expect from the world’s number one digital asset over the next 12 months. Bitcoin Has Had a Solid 12 Months Bitcoin had a big year in 2021. There is no doubt about that. Between the currency’s rising price and regions like El Salvador declaring it...

Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things that Hoskinson mentioned in the video is that 2022 will probably be one of the best years for the industry and for Cardano, specifically. He also outlined that the market grew...

Nicht nur Bitcoin erreichte in diesem Jahr ein neues Allzeithoch, viele Altcoins taten es ihm gleich. Der Markt legte insgesamt deutlich zu und wuchs in vielen Bereichen. Die wichtigste Kennzahl für das Marktwachstum dürfte sicherlich die Gesamtkapitalisierung sein. Crypto News: Marktkapitalisierung wächst im Jahr 2021 auf das DreifacheAm 1.1. 2021 lag die Gesamtmarktkapitalisierung knapp oberhalb von 800 Milliarden US-Dollar. Heute – genau ein Jahr später – liegt sie bei 2,2 Billionen...

Although bitcoin ended up with a more than 60% increase in 2021, there was a bit of a disappointment in the crypto space. This is because the asset failed to increase into a six-digit territory and actually fell by 30% in less than two months. The creator of the popular stock-to-flow model, though, initiated a poll, which shows that nearly 50% of the community expects BTC to head to and above $100,000 by the end of 2022. Above $100K in the Next 12 Months? Before exploring the...

INTERNET CITY, DUBAI, Dec. 31, 2021 – LBank Exchange, a global digital asset trading platform, will list DragonVein Coin (DVC) on January 5, 2022. For all users of LBank Exchange, the DVC/USDT trading pair will be officially available for trading at 15:00 (UTC+8) on January 5, 2022. In traditional internet technologies, digital content distribution relies on centralized CDN services which are way too expensive, and the copyright value of those content is severely...